1620 Carlisle Blvd SE - Convenience Store FOR SALE


Albuquerque, NM 87106- Southeast Heights
$2,790,000 USD
949-903-3399
1620 Carlisle Blvd SE, Albuquerque, NM for Sale
$2,790,000 USD
Convenience Store - FOR SALE
1/6
null | 6.45% Cap Rate

NEW


1620 Carlisle Blvd SE
Albuquerque, NM 87106
Southeast Heights


HIGHLIGHTS

  • Brand New 20 Yr. Absolute NNN Sale Leaseback with Valero (NYSE: VLO) - Proven Site
  • Trophy Hard Corner at Front Door to Albuquerque Airport - Last Gas before Entrance!
  • Eligible for 100% Bonus Depreciation! - Rare 2% Annual Bumps - Monument Signage
  • Strong Multiunit Operator- 30+ by end 2026 - Personal Guarantee - Large TI’s Invested
  • City Named #1 “Best Places for Outdoor Enthusiasts to Live & Work” - #34 Best City
  • World’s Premier Independent Refiner/Producer - Ranked #35 Fortune 500 (2026)

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire the single tenant absolute NNN leased Valero convenience store, gas station and carwash in Albuquerque, NM. Operated by a growing franchisee, the operator will have 30 gas stations and QSR’s by the end of 2026. The 20-year lease will commence upon the close of escrow and comprises 2% annual rent increases, two 5-year option periods and no landlord responsibilities providing a passive investor with long term cash flows. The 3,280 SF C-store with four MFD’s and tunnel car wash on 0.7-acre parcel is located on a hard corner signalized intersection of Gibson Blvd SE and Carlisle Blvd SE (combined vehicle traffic exceeding 30,800) and is eligible for bonus depreciation. Nearby retailers include McDonald’s, Chick-fil-A, Starbucks, Dutch Bros Coffee, Taco Bell, Panda Express, Applebee’s, Chili’s, Maverik, Planet Fitness and more. This is an excellent opportunity to purchase an absolute NNN saleleaseback Valero gas station in New Mexico’s most populated city with a 20-year term, 10 years in options, strong rent increases and no landlord responsibilities providing effortless income for years to come.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$851 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Valero Near ABQ Airport

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

MX-L

APN/PARCEL ID

1-017-056-013014-3-01-01

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.